605 W 4 ST TX 78701
| Owner | CIRRUS LOGIC INC |
|---|---|
| Parcel ID | 0107001702 |
| Short ID | 105440 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 37,960 SF |
| Land SF | 17,664 SF |
| Acres | 0.406 |
| Year Built | 2014 |
| Legal | LOT 7&8 BLOCK 025 ORIGINAL CITY |
| Neighborhood | 51CBD |
| Land | $5,873,280 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,873,280 |
| Improvement | $4,058,152 |
|---|---|
| Total Improvement | $4,058,152 |
| Market | $9,931,432 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,931,432 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,931,432 |
| Taxable Value | $9,931,432 |
|---|
Appreciation: Market value has fallen -27.3% from $13,670,200 (2021) to $9,931,432 (2025), a CAGR of -7.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $203,245. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 59% of market value ($5,873,280 land vs $4,058,152 improvements), about $332/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $9,931,432, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the -7.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,661,287 by 2030, with an estimated annual tax burden around $125,481. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 17,774 SF | ✓ |
| 3RD | 3rd Floor | 17,774 SF | ✓ |
| 187 | PARKING GARAGE | 14,067 SF | ✓ |
| 1ST | 1st Floor | 2,412 SF | ✓ |
| 327 | STORAGE COMM'L | 1,295 SF | ✓ |
| 611 | TERRACE | 864 SF | ✗ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $91,885.61 | $91,885.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $52,042.39 | $52,042.39 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $37,326.79 | $37,326.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $11,721.37 | $11,721.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $10,269.10 | $10,269.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $203,245.26 | $203,245.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,208,278 | $9,931,432 | +2.8% |
| Assessed Value | $10,208,278 | $9,931,432 | +2.8% |
| Land Value | $7,948,800 | $5,873,280 | +35.3% |
| Improvement Value | $2,259,478 | $4,058,152 | -44.3% |
| Taxable Value | $10,208,278 | $9,931,432 | +2.8% |
| Total Tax 2026 = estimate |
~$208,911
Estimated
|
~$203,245
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,208,278 | $10,208,278 | +0 (+0.0%) |
| Taxable Value | $10,208,278 | $10,208,278 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,208,278 | $7,948,800 | $2,259,478 | — | $10,208,278 | $10,208,278 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,931,432 | $5,873,280 | $4,058,152 | — | $9,931,432 | $9,931,432 | ~$203,245 | Partial |
| 2024 | $12,249,200 | — | — | −$6,375,920 | $5,873,280 | $— | $205,062 | Verified |
| 2023 | $13,755,500 | — | — | −$8,191,340 | $5,564,160 | $— | $221,618 | Verified |
| 2022 | $13,415,000 | — | — | −$7,850,840 | $5,564,160 | $— | $271,661 | Verified |
| 2021 | $13,670,200 | — | — | −$8,106,040 | $5,564,160 | $— | $292,001 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.8% | +2.8% | ~100% | Not available | Partial |
| 2025 | -4.0% | -4.0% | ~100% | Not available | Partial |
| 2024 | -15.5% | -15.5% | ~100% | 1.9800% | Verified |
| 2023 | -11.0% | -11.0% | ~100% | 1.8100% | Verified |
| 2022 | +2.5% | +2.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -26.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.8% | -5.3% | -8.2% | +2.8% | 2026 | -18.9% | 2025 |
| Assessment Ratio | 100.0% | 61.8% | — | 100.0% | 2025 | 40.5% | 2023 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$203,245 | $238,717 | ~$153,687 | $292,001 | 2021 | $203,245 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,168,982 | ~$9,168,982 | ~2.0139% | ~$184,657 | -7.7% |
| 2027 | ~$8,465,067 | ~$8,465,067 | ~1.9814% | ~$167,726 | -14.8% |
| 2028 | ~$7,815,192 | ~$7,815,192 | ~1.9488% | ~$152,306 | -21.3% |
| 2029 | ~$7,215,208 | ~$7,215,208 | ~1.9163% | ~$138,264 | -27.3% |
| 2030 | ~$6,661,287 | ~$6,661,287 | ~1.8837% | ~$125,481 | -32.9% |
| 2026 | ~$9,434,860 | ~$9,434,860 | ~2.0465% | ~$193,083 | -5.0% |
| 2027 | ~$8,963,117 | ~$8,963,117 | ~2.0465% | ~$183,429 | -9.8% |
| 2028 | ~$8,514,962 | ~$8,514,962 | ~2.0465% | ~$174,257 | -14.3% |
| 2029 | ~$8,089,213 | ~$8,089,213 | ~2.0465% | ~$165,545 | -18.5% |
| 2030 | ~$7,684,753 | ~$7,684,753 | ~2.0465% | ~$157,267 | -22.6% |
| 2026 | ~$9,367,611 | ~$9,367,611 | ~1.9977% | ~$187,133 | -5.7% |
| 2027 | ~$8,835,798 | ~$8,835,798 | ~1.9488% | ~$172,196 | -11.0% |
| 2028 | ~$8,334,178 | ~$8,334,178 | ~1.9000% | ~$158,351 | -16.1% |
| 2029 | ~$7,861,035 | ~$7,861,035 | ~1.8512% | ~$145,523 | -20.8% |
| 2030 | ~$7,414,753 | ~$7,414,753 | ~1.8024% | ~$133,641 | -25.3% |
In 2025, this property's market value of $9,931,432 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 7× the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $9,931,432 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,249,200 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $13,755,500 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,415,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $13,670,200 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.